Toyota decides to withdraw from Russian business
International Business News – Toyota has decided to withdraw from the Russian business. The Russian-Ukrainian conflict has caused prolonged supply chain disruptions and financial sanctions have made it more difficult to continue business. Mazda has also begun negotiations with its…
Russia and China to settle gas trade in local currency
International Business News – Gazprom and China National Petroleum Corporation (CNPC) will instead settle gas supplies to China via the Siberian Power pipeline in rubles and yuan, the company announced in an announcement, TASS reported on September 6. The announcement…
Investment capital is fleeing Europe
International Business News – In the past six months of the Russian-Ukrainian conflict, investment funds are fleeing Europe, which has been plagued by higher resource prices. The currency, the euro, hit its lowest point in about 20 years, and the…
Bilateral trade between Israel and China grows by 22.6% in the first half of 2022
International Business News – According to Israeli media reports, in 2021, Israel’s imports of goods from China will reach 10.7 billion US dollars, an increase of nearly 40% compared with 2020. China has become Israel’s largest source of goods. From…
SIGEM French Business School Rankings 2022
International Business News – According to comprehensive French media reports, SIGEM, the French business school admissions system, recently announced the results of 2022 French business schools admitting candidates through the entrance examination. French media released the 2022 SIGEM French business…
French economy grows 0.5% in second quarter
International Business News – According to comprehensive French media reports, according to a report released by Eurostat on Friday, the euro zone economy grew by 0.7% in the second quarter, higher than the expected 0.2%. Inflation rose to 8.9% in…
Oil strike: More than half of Norway’s gas exports could be halted
International Business News – According to Norwegian Oil and Gas, 56% of Norway’s natural gas exports could come to a halt if another oil strike occurs on Saturday. The daily loss of income could be NOK 1.8 billion. The escalation…
Germany does not consider the use of the “Nord Stream-2” pipeline
International Business News – German Minister of Economics and Climate Protection Robert Habeck said that in order to overcome the energy crisis, the option of opening the “Nord Stream-2” natural gas pipeline is not within the scope of consideration. “Nord…
Ambassador to Switzerland Wang Shiting visited Emes Group
International Business News – On July 5th, Ambassador Wang Shiting in Switzerland visited EMS Group and had a friendly exchange with Ms. Matullo, CEO of the Group. Ambassador Wang said that Emes was one of the earliest Swiss companies that…
Latest entry policies of some ASEAN countries
International Business News – Cambodia: Unvaccinated people who test negative on entry do not need to isolate On July 8, the Cambodian Ministry of Health issued a notice that from July 11, travelers who have not been vaccinated or who…